Quarterly Publication

A review of Kuwait's petroleum technical assistance contract in terms of establishing requirements for technology transfer: recommendations for Iran's oil sector

Document Type : Original Article

Author

Institute for Mining and Energy law, Ruhr-University Bochum

Abstract
Considering the long-term nature of oil and gas contracts, managing the relationship between the parties to the contract is fundamentally important. In upstream oil contracts, according to the level of supervision and control of the host state over the petroleum project, the level of communication is variable. In risk service contracts due to extensive supervision, there should be a lot of interaction and cooperation between the parties. This study examines Kuwait's model of technical assistance services contracts. It concludes that, due to its improved cooperative structure, this format of service contracts is more compatible with current conditions in Iran's oil fields, such as southern Pars. These fields are operated by Iranian oil companies, but need more technology to function properly. In this article, it is discussed how Technical Assistance Contracts (TACs) can generate an efficient solution for the issue at hand. The methodology is based on describing and analyzing Kuwait’s TAC.

Keywords

Subjects

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  • Receive Date 03 August 2022
  • Revise Date 19 June 2023
  • Accept Date 02 July 2023